U.S.
Lloyd’s Tallies $4.6 Trillion in At-Risk GDP in 301 Cities
In the first-ever Lloyd's City Risk Index, analyzes the economic output at risk (GDP at risk) in 301 major cities from 18 manmade and natural threats over a ten-year period. It concludes that "$4.6 ...
RLI Long-Time President Stone Set to Retire At Year-End
Michael Stone, long-time president and chief operating officer of RLI Corp., is retiring at the end of 2015, capping a 20-year stint at the Illinois-based specialty insurer. RLI said that Stone will ...
Executives On The Move at ACE and Argo
ACE Group made six London-based appointments to its ACE Global Markets (AGM) and ACE Overseas General (AOG) energy teams, focusing on promoting from within. Matthew Hardy is now product head AGM ...
State Farm & Farmers Gain Ground in J.D.Power Small Biz Customer Satisfaction Ranking
Erie Insurance hit the top of the list of J.D. Power's latest small business commercial insurance study in terms of client satisfaction with their insurance policies. This is the third straight ...
Division Between Rich & Poor Nations Highlighted as Climate Talks Resume
Just days before global negotiators were set to meet for talks on climate change, Tropical Storm Erika killed at least 20 people on Dominica. The small Caribbean island evoked the tragedy to ...
El Nino Set to Give U.S. a Very Warm Winter
How the weather plays out in the next six months will have a lot to say about the California drought, snow in the Northeast and even the price of natural gas. A strong El Nino in the equatorial ...
Uber Drivers Gain Class Action Status in Employment Lawsuit
Uber drivers are entitled to class action status in litigation over whether they are independent contractors or employees, a key development in a case threatening Uber's business model and that of ...
Watch This Video: Aon’s Primer on Pricing Cyber Risk
Carriers don't have an easy task in pricing cyber insurance coverages. Because this risk is relatively new on insurers' radar screens, there is little historical loss data to determine potential ...